Solace Power Overview
- Year Founded
-
2007

- Status
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Private
- Employees
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65

- Latest Deal Type
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Later Stage VC
- Investors
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9
Solace Power General Information
Description
Developer of an electric field-based technology designed for wireless charging. The company's technology provides non-contact, wireless powering and charging of products and systems through resonant electric fields, enabling industries with reliable, convenient and efficient power options for various products and systems.
Contact Information
Website
www.solace.caCorporate Office
- 1118 Topsail Road
- Suite 201
- Mount Pearl, Newfoundland and Labrador A1N 5E7
- Canada
Corporate Office
- 1118 Topsail Road
- Suite 201
- Mount Pearl, Newfoundland and Labrador A1N 5E7
- Canada
Solace Power Timeline
Solace Power Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Later Stage VC | 14-May-2025 | Completed | Generating Revenue | |||
10. Accelerator/Incubator | Completed | Generating Revenue | ||||
9. Later Stage VC | 17-Jan-2024 | Completed | Generating Revenue | |||
8. Later Stage VC | 22-Dec-2023 | Completed | Generating Revenue | |||
7. Secondary Transaction - Private | 11-Dec-2020 | Completed | Generating Revenue | |||
6. Later Stage VC | 18-Jul-2019 | Completed | Generating Revenue | |||
5. Accelerator/Incubator | 10-May-2019 | Completed | Generating Revenue | |||
4. Later Stage VC | 28-Jun-2017 | Completed | Generating Revenue | |||
3. Grant | 16-Jun-2017 | $2.79M | Completed | Generating Revenue | ||
2. Angel (individual) | Completed | Generating Revenue |
VC Exit Predictor
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Solace Power Comparisons
Industry
Financing
Details
Solace Power Competitors (11)
One of Solace Power’s 11 competitors is Powermat, a Venture Capital-Backed company based in Neve Ilan, Israel.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Powermat | Venture Capital-Backed | Neve Ilan, Israel | ||||
WiTricity | Venture Capital-Backed | Watertown, MA | ||||
Reach (Electrical Equipment) | Venture Capital-Backed | Redwood City, CA | ||||
Schneider Electric (Electrical Equipment) | Formerly VC-backed | Rueil Malmaison, France | ||||
Philips Saudi Lighting | Formerly PE-Backed | Riyadh, Saudi Arabia |
Solace Power Patents
Solace Power Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20250158267-A1 | Radome and method of heating a surface of a radome | Pending | 09-Nov-2023 | ||
US-20250105670-A1 | Wireless power transfer system, and transmitter and receiver therefor | Pending | 22-Sep-2023 | ||
US-20250038513-A1 | Overvoltage/current detection and protection in a wireless power system | Pending | 25-Jul-2023 | ||
US-20240356387-A1 | Wireless power transmitter module and controller | Pending | 21-Apr-2023 | ||
US-20240348100-A1 | Wireless power transfer system | Pending | 13-Apr-2023 | H02J50/12 |
Solace Power Signals
Solace Power Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Boeing | Corporation | Minority | ||
Moonshot Ventures | Impact Investing | Minority | ||
Gentex | Corporation | Minority | ||
Plug and Play Tech Center | Accelerator/Incubator | Minority | ||
Lockheed Martin | Corporation | Minority |
Solace Power FAQs
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When was Solace Power founded?
Solace Power was founded in 2007.
-
Where is Solace Power headquartered?
Solace Power is headquartered in Mount Pearl, Canada.
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What is the size of Solace Power?
Solace Power has 65 total employees.
-
What industry is Solace Power in?
Solace Power’s primary industry is Electrical Equipment.
-
Is Solace Power a private or public company?
Solace Power is a Private company.
-
What is Solace Power’s current revenue?
The current revenue for Solace Power is
. -
How much funding has Solace Power raised over time?
Solace Power has raised $16.1M.
-
Who are Solace Power’s investors?
Boeing, Moonshot Ventures, Gentex, Plug and Play Tech Center, and Lockheed Martin are 5 of 9 investors who have invested in Solace Power.
-
Who are Solace Power’s competitors?
Powermat, WiTricity, Reach (Electrical Equipment), Schneider Electric (Electrical Equipment), and Philips Saudi Lighting are some of the 11 competitors of Solace Power.
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